After years of no one in my household taking an interest in how I make a living, my 12-year-old caught me off-guard recently with a barrage of questions about investing. “What do you know about Elon Musk?” “How much money do I need to invest?” “How long will it take …
Read More »Cryptos: Why is dogecoin dropping? The crypto has tumbled 20% since its Monday record
A doge’s breakfast? The popular dogecoin crypto asset, engineered as a joke back in 2013, has tanked over the past week after reaching a record value on Monday, leaving few investors laughing. Dogecoin, at last check, was trading at 0.06784 cent, down over 20% from its Feb. 7 record high …
Read More »: McConnell: ‘Trump is still liable for everything he did’ — read full speech
Following is the statement that Senate Minority Leader Mitch McConnell, the Kentucky Republican, delivered Saturday from the chamber floor after senators acquitted former president Donald Trump in his second impeachment trial. The Senate’s 57-43 vote in favor of impeachment did not achieve the required two-thirds majority, or 67 votes, which …
Read More »: Zillow CEO cites ‘funny and racy’ SNL skit as a sign that the ‘the Great Reshuffling’ is taking hold
Zillow Group Inc. managed to beat high expectations for the fourth-quarter results by a wide margin, prompting investors to send the stock up double digits to another record and a host of Wall Street analysts to boost their price targets. The real estate information and transaction website reported late Wednesday …
Read More »The Moneyist: Our housekeeper does not work when we’re at home due to COVID-19. We still pay her. Could we treat those payments as a ‘gift’ to reduce her income tax?
Dear Moneyist, Due to the 2020 global pandemic my wife and I have been concerned about indoor exposure to others. We are fortunate enough that we can work from home so we are always here, and no one else is allowed in our home. Because of this, we have tried …
Read More »: Carl Icahn boosts his Xerox stake
Activist investor Carl Icahn has boosted holdings of Xerox Holdings Corp. to 17%, according to a filing late Friday. Icahn bought more than 4 million shares of Xerox, bringing total holdings to nearly 27.5 million shares. Icahn backed Xerox’s takeover plan for HP Inc. HPQ, +0.40%, which HP rebuffed and …
Read More »Where Should I Retire?: I’m looking for a cannabis-friendly red-leaning state with no state income taxes — where should I retire on $60,000 a year?
Dear MarketWatch, I’d like to retire in a no (or low) state-income-tax state near water and a state or national park. I want red politics but with (hopefully) legal pot (medical or recreational), and weather that isn’t too cold. I’d compromise on the pot for Texas, if necessary. I don’t …
Read More »The Moneyist: ‘I am held hostage in my own home’: My husband’s son lives with us. He is physically abusive and menacing
Dear Moneyist, I am married, but my home is in my name only. When I bought it in 2010, I was the only one eligible to apply for a mortgage because my husband was working a temporary job, having been laid off in the recession. My previous home, which I …
Read More »Key Words: Dave Ramsey is against stimulus checks because ‘if $600 or $1,400 changes your life, you were pretty much screwed already’
Personal-finance guru Dave Ramsey says people need a $ 1,000 emergency fund. He also says that if a $ 600 or $ 1,400 stimulus check would be a lifeline for you during the current pandemic state of emergency, “you were pretty much screwed already.” The radio host and author argued against …
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